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(Photo: Volodymyr Kyrylyuk / Shutterstock.com)
Microsoft is starting to attack the stock market leader. For a few seconds, the stock market software giant was worth more than Apple – and that's Donald Trump's fault.
The technology stock market crash caused tech companies to lose more than $ 1 trillion in stock market value in a matter of weeks. In Apple alone, the disadvantage is about $ 250 billion. The stock market leader, the first company of the summer, the brand of market capitalization of a trillion divided, briefly lost Monday its supremacy, as reported by the ARD.
Microsoft takes advantage of the weak phase at Apple
Thus, Microsoft was at the beginning of the week the most expensive company in the world – but only for a few seconds. Then Apple took over the title. However, the changing of the guard could be repeated in the coming days.
Industry observers feared that investors fear that Apple will suffer from potential US tariffs on iPhone imports from China, threatened by US President Donald Trump via the Wall Street Journal. A profit of four billion dollars could cost Apple.
Market value: Microsoft remains on the heels of Apple
On Wednesday, Apple holds a stock market value of about $ 820 billion, just ahead of Microsoft, which represents a good market capitalization of $ 817 billion. Microsoft has been much less affected by price declines in recent weeks. While Apple was facing a sharp drop in the stock in November by 20%, the decline was only 1% for Microsoft.
In terms of business development, prospects are also optimistic for Microsoft. Most importantly, the cloud sector gave the software group double-digit growth in sales and earnings in the third quarter. For its part, Apple had to accept the setbacks of major iPhone sales for the company. With its sales forecast for the current Christmas market, the group has disappointed investors.
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